Vascon Engineers Limited — Share Issue/Capital Change 2021

Oct 8, 2021

October 08, 2021

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To, To, National Stock Exchange of India Limited BSE Limited Listing Department, The Department of Corporate Services Exchange Plaza, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai 400 001 Ref Symbol: VASCONEQ Ref: Scrip Code: 533156

Dear Sir/Madam,

• Sub: Allotment of 3,11,80,395 Equity Shares of face value of Rs. 10/- each (“Equity Shares”) for cash at a price of Rs. 22.45/- (including a premium of Rs. 12.45/- each) on preferential basis to Group of Investors and Promoters under the provisions of Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations") and Section 62 & Section 42 of the Companies Act, 2013 ("Act")

Ref: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 of Vascon Engineers Limited ("the Company")

In continuation of our earlier announcements in this regard and subsequent to receipt of “In Principle” approval from the Stock Exchanges we would like to inform that Board of Directors through Circular Resolution dated October 08, 2021 has approved allotment of 3,11,80,395 (Three Crores Eleven Lakhs Eighty Thousand Three Hundred and Ninety Five only ) Equity Shares of face value of Rs. 10/- (Rupees Ten) each fully paid up, each ranking pari-passu with existing equity shares of the Company, at a price of 22.45 {(Twenty Two Rupees and Forty Five Paisa) {including a premium of Rs. 12.45 (Twelve Rupees and Forty Five Paisa)} each on a preferential basis. Details of persons/entities to whom Equity Shares are allotted are as follows:

S. No.	Name of the Allottee(s)	Category	No of Equity Shares(s) allotted	Percentage to Paid Up Equity Capital
1.	Crest Ventures Limited	Non Promoter	1,11,35,857	5.12%
2.	Radhakrishna Ramnarain Private Limited	Non Promoter	44,54,342	2.05%
3.	Himanshi Kela	Non Promoter	31,18,040	1.43%
4.	Sharmila Gaurang Vasani	Non Promoter	22,27,171	1.02%
5.	MC Jain Infoservices Private Limited	Non Promoter	20,00,000	0.92%
6.	Sapientia Holdings LLP	Non Promoter	15,63,474	0.72%
7.	Ajinkya Mercantile Private Limited	Non Promoter	13,36,302	0.61%
8.	Nandini Salunkhe	Non Promoter	890,868	0.41%
9.	Lalitha Vasudevan	Promoter	22,27,171	1.02%
10.	Siddharth Vasudevan Moorthy	Promoter	13,36,302	0.61%
11.	Ramya Siddharth Moorthy	Promoter Group	890,868	0.41%

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Upon allotment, existing paid up Equity Capital of Rs. 186,13,67,160 comprising of 18,61,36,716 equity shares will stand increased to Rs. 2,17,31,71,110/- (Rupees Two Hundred and Seventeen Crores Thirty One Lakhs Seventy One Thousand One Hundred and Ten only) comprising of 21,73,17,111 (Twenty One Crores Seventy Three Lakhs Seventeen Thousand One Hundred and Eleven only) equity shares of the face value of Rs. 10/- each fully paid up.

You are requested to take the above intimation on record.

For Vascon Engineers Limited

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Vibhuti Dani Company Secretary and Compliance Officer M No. FCS-7453

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